Dowling & Neylan Real Estate was established in Noosa Heads on Queensland's beautiful Sunshine Coast long before the rest of Australia discovered its charms and today offers the level of understanding and expertise that comes only from experience and long association.
Conveniently located in the heart of Hastings Street, Dowling & Neylan Real Estate is your entrance to Noosa.
The Noosa Real Estate market continued at a steady pace again this month.
It's interesting to note of the 10 sales we have had this month
they were all under $1 million, while we have fantastic value luxury
homesand apartments unsold. This illustrates the patchy nature of
the market at present but if enquiry is any indication we hope to see
more action on the higher priced property over the summer break.
There was some press a few weeks ago about the large developments in the
town struggling to sell their product. This doesn't really reflect the
greater Noosa marketplace however we have seen some of these developers
reduce their prices from levels I feel offered grossly overpriced
product. We may see more turn over now these apartments have been priced
to reasonable levels.
There have been a number of auctions of quality property around
Little Cove and Noosa Sound. A home high on Bayview Road sold close to
$4 million; another older cottage located in a prime Allambi Rise
position overlooking the beach was passed in at auction. The apartment
at 80 Upper Hastings Street we took to auction passed in on the day. We
have 3 buyers flying up to see the property and hope we will close the
sale with one of them. Most buyers realise the bottom of the market
has come and gone and are slowly returning to the market place.
There are still some great buying opportunities with more talk of owners
upgrading their position while the stock is available.
It's been a tough year for many people; I hope you all enjoy your summer break and thank you for your continued support.
If you would like any further information, please feel free to contact me on 5447 3855.
Dan Neylan
Director